Search: ECM
RBA Glossary definition for ECM
ECM – Error-correction ratio
Search Results
A Perspective | Conference – 1993
12 Jul 1993
Conferences
If the ECM term is included, the BWFH model actually has a much lower bias in forecasts than the random walk model, although it exhibits a slightly larger standard deviation. ... Another possibility would be to introduce a non-linear function of the
https://www.rba.gov.au/publications/confs/1993/pagan.html
Discussion on Determinants of Agricultural and Mineral Commodity Prices | Conference – 2009
17 Aug 2009
Conferences
One way of modelling this short-run dependence might be to estimate a seemingly unrelated regression (SUR) on individual error correction mechanism (ECM) relationships. ... A VECM or system ECM approach might shed some different light on what drives
https://www.rba.gov.au/publications/confs/2009/frankel-rose-disc.html
Meet MARTIN, the RBA's new macroeconomic model
15 Mar 2018
Bulletin
– March 2018
AUD ECM: Hambur J, L Cockerell, C Potter, P Smith and M Wright (2015), ‘Modelling the Australian Dollar’, RBA Research Discussion Paper No 2015-12. ... Exports ECM: Cole D and S Nightingale (2016), ‘Sensitivity of Australian Trade to the Exchange
https://www.rba.gov.au/publications/bulletin/2018/mar/meet-martin-the-rbas-new-macroeconomic-model.html
A Forward-looking Model of the Australian Dollar
13 Dec 2018
Bulletin
– December 2018
The exchange rate is an important mechanism that helps the economy adjust to external shocks.
https://www.rba.gov.au/publications/bulletin/2018/dec/a-forward-looking-model-of-the-australian-dollar.html
Microeconomics of the Australian Labour Market | Conference – 1998
9 Jun 1998
Conferences
Stacey and Downes (1995). Neoclassical firm investment, employment and pricing. 1971(1)–1995(1) ECM.
https://www.rba.gov.au/publications/confs/1998/freebairn.html
Being Unreserved: About the Reserve Bank Archives
12 Dec 2019
Bulletin
– December 2019
The Reserve Bank of Australia has a unique and rich archives.
https://www.rba.gov.au/publications/bulletin/2019/dec/being-unreserved-about-the-reserve-bank-archives.html
The Exchange Rate and the Current Account | Conference – 1993
12 Jul 1993
Conferences
RBA Annual Conference – 1993 The Exchange Rate and the Current Account Michele Bullock, Stephen Grenville and Geoffrey Heenan. 1. Introduction. Other papers at this Conference (particularly Pitchford and Blundell-Wignall, Fahrer and Heath) examine
https://www.rba.gov.au/publications/confs/1993/bullock-grenville-heenan.html
Inflation in Australia: Measurement and Modelling | Conference – 2004
9 Aug 2004
Conferences
RBA Annual Conference – 2004 Inflation in Australia: Measurement and Modelling Alexandra Heath, Ivan Roberts and Tim Bulman. 1. Introduction. Since 1993, monetary policy in Australia has targeted CPI inflation of between 2 and 3 per cent, on
https://www.rba.gov.au/publications/confs/2004/heath-roberts-bulman.html
Home-buyers, Housing and the Macroeconomy | Conference – 2003
18 Aug 2003
Conferences
Our time-series cross-section method is eclectic; we present analyses in levels, first differences, and in error-correction-model (ECM) forms, and with alternative assumptions about error terms and fixed
https://www.rba.gov.au/publications/confs/2003/case-quigley-shiller.html
Prospects for Output and Employment Growth with Steady Inflation | Conference – 1998
9 Jun 1998
Conferences
In Dungey and Pitchford (1998) we estimate a naive labour demand curve in error-correction model (ecm) form for a number of market segments and measures of labour and real wages.
https://www.rba.gov.au/publications/confs/1998/dungey-pitchford.html